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Oil and Natural Gas Corporation Limited (ONGC)
ONGC has produced more than 600 million metric tonnes of crude oil and supplied more than 200 billion cubic metres of gas since its inception, thus fuelling the increasing energy requirements of the Indian economy. Today, ONGC is the most valuable company in India, contributing 77 percent of India's crude oil production and 81 per cent of India's natural gas production
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Head Office:
Tel Bhavan
Dehradun, UT, 248008
Phone : +91-0135-2759561-67
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Oilco Services (India) Limited was incorporated in 1999 and commenced its operational activities in the year 2000.Our organisational objective is to supply, install, commission and maintain all equipment that is used in a petroleum retailing station environment. In that, Oilco Services aims at becoming the largest service provider to the petroleum retailing companies in India.
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/images/logos/local/th_pcdpharmaindia.jpgPCD Pharma Companies India
We are the top PCD Pharma Companies in India, offering pharma franchise to companies and helping them on the way to success. We offer optimized solutions as a PCD Pharma Company India with a long-standing proven track record. At PCD Pharma Company India, we have always maintained an independent identity while developing progressive partnerships across India. We encourage more and more businesses to become a part of the PCD Pharma India family.
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PETROWATCH is a fortnightly intelligence bulletin on the oil, gas and power sector in India.
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/images/logos/local/th_reliance.jpgReliance Industries
India's largest business house with total revenues of Rs 80,000 crore (US$ 16.8 billion), cash profit of over Rs 9,800 crore (US$ 2.1 billion), net profit of over Rs 4,700 crore (US$ 990 million) and exports of Rs 11,900 crore (US$ 2.5 billion).
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/images/logos/local/th_ricehuskash.jpgRice Husk Ash
They manufacture organic amorphous silica (made of rice husk ash), for sale, with silica content of above 85%, in very small particle size of 25 microns, used for making better green concrete, high performance concrete, refractory, insulators, waterproofing chemicals, roofing shingles, specialty paints, flame retardants , carrier for pesticides, insecticides and bio fertilizers etc.
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Sensex trades 130 points higher ahead of derivatives expiry
Posted on 27th August 2014
Mumbai: The 30-share bellwether BSE Sensex traded higher on Wednesday morning, ahead of the expiry of derivatives. The government is expected to release data on GDP growth on 29 August.

At 9.22am, the Sensex was trading up 0.52%, or 138.65 points, at 26,581.46 points, while the National Stock Exchange’s broader barometer 50-share Nifty was up 0.38%, or 29.95 points, at 7,934.70 points. Read More

Mexico luring ONGC may boost Narendra Modi’s energy hunt
Posted on 26th August 2014
New Delhi: Oil and Natural Gas Corp. Ltd (ONGC) and Reliance Industries Ltd (RIL), India’s biggest energy explorers, are looking to invest in Mexico as North America’s third-biggest producer courts foreign companies after a 76-year hiatus.

“State-owned ONGC, which is grappling with falling output in India, wants to partner with Petroleos Mexicanos (Pemex) to develop producing oil fields and is also considering bids at an auction of deposits next year,” chairman D.K. Sarraf said. RIL, controlled by billionaire Mukesh Ambani, has already said it’s interested in exploration blocks in Mexico. Read More

ONGC to hunt for gas in Himachal's Kangra valley
Posted on 22nd August 2014
Oil and Natural Gas Corporation plans to search for oil and gas in Himachal Pradesh's Kangra valley early next month, ONGC officials said.

The spot chosen for drilling is Surani, about 10 km from the temple town of Jwalamukhi. Read More

ONGC-Mittal gives up oil block in Nigeria
Posted on 18th August 2014
Oil and Natural Gas Corporation (ONGC)-Mittal Energy Ltd, the joint venture of ONGC and steel czar Lakshmi Mittal, has relinquished an oil block in Nigeria after the African nation refused to relieve it of a $6-billion downstream investment commitment.

OMEL — a joint venture of ONGC Videsh and Mittal Investment Sarl — had in 2005 won the right to explore for oil and gas in offshore OPL-279 and OPL-285 blocks after committing to invest $6 billion in an 180,000 barrels per day greenfield refinery, a 2,000 Mw power plant or a railway line from east to West of Nigeria. Read More

ONGC net up, misses estimate on higher subsidy discounts
Posted on 14th August 2014
Oil & Natural Gas Corporation (ONGC), the country’s state-owned petroleum explorer and producer, reported a 19 per cent jump in net profit for the quarter ended June. However, it missed analyst estimates of earnings, due to higher discounts for oil marketing companies (OMCs).

The company recorded a net profit of Rs 4,782 crore during the three-month period, as against Rs 4,016 crore in the corresponding quarter last year (2013-14). This was lower than the Rs 5,850 crore median estimate of 29 analysts surveyed by Bloomberg. Read More

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